Landbay has reduced the rates on its core product range by up to 0.24%, making its range of buy-to-let mortgages even more competitive. In addition, Landbay has launched new products which include: Multi-unit freehold block (MUFBs) mortgages available for first time landlords starting from 3.49%. This joins the new HMO products for first-time landlords that […]
Marketplace lender Assetz Capital has added two relationship directors to its bridging team as its looks to accelerate growth of the bridging loan book in the coming months. Laleta Buctkuar joins following 12 years at Together and more recently a period at Roma Finance.A bridging specialist, Laleta brings a wealth of experience working within the […]
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has been adopted by Y3S to work alongside its second charge quotation and application system Lenderlink. The integration will offer Y3S advisers’ access to OMS’s all-encompassing CRM system and full back-office workflow solution. This partnership further extends OMS’s coverage across the […]
Knowledge Bank has enhanced its industry leading criteria search system with the addition of a revolutionary product transfer feature. The latest development is an industry-first, and will allow brokers to check the product transfer windows for every residential and buy-to-let lender which offers a rate switch. Lenders will often waive the Early Repayment Charge (ERC) […]
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has further expanded its distribution with the addition of Mortgage Advice Bureau (MAB). Mortgage Advice Bureau is one the UK’s leading mortgage intermediary brands. It consists of 1,600 advisers across the country and has won in excess of 150 national awards for the quality of its advice and […]
Up to 46,000 new homes in the capital could be delivered by Transport for London’s new property development company over the next 25 years. The proposals for Transport Trading Limited Properties, TTLP, were outlined at TfL’s finance committee meeting last month and form part of its bailout settlement with the government. TfL director of commercial […]
Alternative Bridging Corporation (ABC) has partnered with Fintech specialists Nivo to offer a quick, intuitive app based solution to make their application process quicker and easier for customers and administration staff and to accelerate deal completion times. Alternative Bridging is an established principal bridging finance lender offering short term secured funding of up to £10m […]
VAS Panel has helped reduce Assetz Capital’s time-to-cash by an average of 15-days per application, ensuring customers’ end-to-end journeys are now among the most competitive in the industry. The lender has used VAS Panel’s valuation panel management service since 2017 to ensure the most relevant third-party valuers are instructed to provide loan security valuations based […]
Alternative Bridging Corporation has launched a range of specialist Refurbishment Loans that allow further drawdowns and reduced rates on Practical Completion (PC) of the works. The range, which is available for light and heavy refurbishments on residential and commercial property, features initial advance for purchase or refinance, further drawdowns to fund improvements, final advance on […]
Aldermore bank has provided a £4.6m property development loan to Refresh Property Group Limited, part of the wider group of companies comprising of Acorn Homes Group Ltd, for the construction of 40 new residential apartments on the site of the former Lynton House Hotel. In December 2008, the 56-bed Lynton House Hotel was ravaged by […]
